Jan 24 (Reuters) - NextEra Energy's (NEE.N) , opens new tab fourth-quarter profit fell over the year earlier on Friday, hurt by weakness in its renewables segment.

Shares of the Juno Beach, Florida-based renewable energy company were down 1.6% in premarket trading.

The company posted earnings of $1.20 billion, or 58 cents per share, for the quarter ended Dec. 31, compared with $1.21 billion, or 59 cents per share, a year ago.

Its renewables business, NextEra Energy Resources, recorded a loss of $442 million compared with a net income of $885 million a year earlier, in part due to higher costs.

The company reported revenue of $5.39 billion, missing analysts' average estimate of $7.07 billion, according to data compiled by LSEG.

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https://www.reuters.com/business/energy/nextera-energy-posts-lower-fourth-quarter-profit-2025-01-24/